How to get real spending cuts

posted by
July 6, 2011
Cato Institute
by Michael D. Tanner  
Posted in Commentary

"It is getting close to 'crunch time' in the debate over raising the debt ceiling. Much of the debate continues to focus on whether Republicans will accept tax hikes as part of the package, and how big the debt-reduction package will be. All sorts of numbers are being tossed out: $4 trillion over twelve years? $6 trillion over ten years? $3 trillion over two years? But focusing on dollars — even trillions of dollars — may be setting Republicans up for a fall." (07/06/11)  


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